Stakeholders of financial analysis

In this guide you’ll consider all the primary stakeholders as well as your competitors and government (especially with regard to taxation). If you work in the public sector you should also include consumer groups, or more simply ‘the public’. You should also include external and internal auditors. The difficulty for organisations and their senior management is that these stakeholders are all interested in different aspects of your financial performance and, in some cases, their requirements are actually contradictory. This is shown in the table below.

Primary stakeholders

Secondary stakeholders customers competitors suppliers consumer groups employees — managers with financial government — central or local government responsibility and accountants bodies shareholders or investors the media your bank. pressure groups trade unions community groups.